Compact Investment Apartment in Osaka's Vibrant Fuse District
This property is a one-room apartment for sale, located on the 3rd floor of a 5-story reinforced concrete (RC) building constructed in February 1988. The unit offers a compact yet functional living space with a dedicated area of 16.19 sqm (approximately 4.89 tsubo), featuring a 6-tatami mat Western-style room and a balcony measuring 3.77 sqm. The building is equipped with air conditioning and an elevator for convenience. Bicycle parking is available for a monthly fee of 300 yen. The property is currently tenanted, providing an immediate investment opportunity with an estimated annual rental income of 456,000 yen and a projected surface yield of 10.13%. The management fee is 8,960 yen per month, with a repair reserve fund of 1,880 yen per month. The building is under full委托 management with daytime management staff from Hesta Oakla Housing Co., Ltd.
Special notes indicate this is an owner-change transaction. The property includes defect insurance and a performance evaluation. The land is designated for commercial use (neighborhood commercial zone). The transaction is handled as a general intermediary. Please note that floor plans prioritize the current layout over the original plan.
The apartment is situated in Nagadō, Higashiosaka City, Osaka Prefecture, offering excellent accessibility. It is just a 6-minute walk from Fuse Station on the Kintetsu Namba and Nara Lines, providing direct connections to central Osaka and Nara. The area is well-serviced with amenities like the Verre Nord Fuse shopping facility, convenience stores, banks, and post offices nearby. An interesting local fact is that Higashiosaka City is historically known as a major center for small and medium-sized manufacturing enterprises, often called the "town of factories." The closest major landmark is the iconic Osaka Castle, a historic symbol of the region, easily accessible via train from Fuse Station.
